Storopack UK have announced that they have completed the acquisition of FP International UK’s Loose Fill Division. With the close of this acquisition, Storopack UK will offer one of the most comprehensive ranges of protective packaging solutions in the UK market. This announcement is another milestone in Storopack’s strategy to strengthen their long term competitiveness and provide a basis for growth and market position.
FP International’s production facility, based in Brackley, Northamptonshire will become Storopack UK’s second production site in the UK for Loose Fill, increasing manufacturing capabilities and optimising delivery capabilities throughout the UK. The production team of FP International have been retained, alongside key administrative & financial personnel.
Richard Pulfrey, Managing Director of Storopack UK, said:‘It’s a bold step into the future – a win-win for employees, and customers. The acquisition will enhance our product and service offering and further improve our customer value proposition, giving us a competitive edge in a very dynamic market. I am confident that the acquisition of FP Internationals’ Loose Fill business will nicely improve our position in the UK packaging market.’